Obama Statement on Ukraine

(NBC News) President Obama has warned Russia that new sanctions are in the works if “provocations” continue in regard to the Ukraine crisis.

“If Russia continues to interfere in Ukraine, we stand ready to impose further sanctions,” Mr. Obama said in a statement from the White House. “We are making it clear that there are consequences for their actions.”

The president is expected to travel to Europe next week to discuss more options with U.S. allies.